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Thirty-year fixed mortgage rates declined for a sixth straight week, as investors continue to react to the escalation of trade tensions. As reported by Freddie Mac, the average offered rate for a conforming 30-year FRM declined by 17 basis points (0.17%), sliding to 3.82% for the week of June 6.

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Mortgage rates moved decisively lower today following a much weaker-than-expected reading on new job creation in a key report from the Department of Labor. The payroll count in the big jobs report.

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Todd Probasco, Lakeside Bank’s vice president mortgage sales manager, said this retreat will be impactful. “Interest rates hit 5% a month ago and. journalism from the University of North Texas. She.